Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic1 and Baltic2 markets. Below follows a summary of the statistics for May 2017:
- The share trading increased by 26.6% to a daily average of 3.468bn EUR, compared to 2.739bn EUR in May 2016. Compared to the previous month, April 2017, the daily average increased by 4.3%.
- Derivatives trading increased by 40.9% to a daily average of 529,175 contracts, compared with 375,647 contracts in May 2016.
- ETF trading3 (Exchange Traded Funds) decreased by 6.1% to a daily average of 34.8m EUR compared to 37.1m EUR in May 2016.
- Novo Nordisk A/S was the most traded stock per day during the past month, followed by Hennes & Mauritz AB.
- Deutsche Bank was the most active member during the past month, followed by Morgan Stanley.
- Nasdaq Nordic’s share of order-book trading in our listed stocks increased to 65.5%, compared to 63.7% previous month4.
- The average order book depth on the best price level was larger at Nasdaq Nordic than the second most liquid trading venue, see detailed figures per exchange:
- For OMXC20 companies 2.5 larger
- For OMXH25 companies 2.3 larger
- For OMXS30 companies 2.4 larger
- Nasdaq Nordic’s average time at EBBO5 (European Best Bid and Offer) was:
- For OMXC20 companies 97.5%
- For OMXH25 companies 97.2%
- For OMXS30 companies 99.0%
1) Nasdaq Copenhagen, Helsinki, Iceland and Stockholm
2) Nasdaq Riga, Tallinn and Vilnius
3) ETF trading figure encompasses Nasdaq Stockholm and Nasdaq Helsinki.
4) Source: Thomson Reuters. Included are the main European marketplaces that offer trading in Nasdaq Nordic listed shares.
5) EBBO (European Best Bid and Offer) refers to the current best price available for selling or buying a trading instrument such as a stock.
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 89 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to 3,800 total listings with a market value of $11 trillion.